PV1 0.00% 2.7¢ provaris energy ltd

Latest run has been day traders on low volume low volume to 25...

  1. 754 Posts.
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    Latest run has been day traders on low volume

    low volume to 25
    got a bit tougher from there so low volume back

    simple as that

    they tried the run after ann

    the big money will not come untill earnings forecast come in
    world markets at low interest have easier ways to make money then park it in a long term deal

    the amount of midcaps and small caps that have one two or even 4 bagged since Christmas is massive

    cheap money is is looking for quick money it’s the world markets as they are

    just the way it is

    it’s not a good time for long term projects plays

    if world markets were more the norm with history then a more fundamental long term strategy would be the norm

    hence less people would borrow to buy in the market as interest cuts out the profit

    so more old wealth sits on good management and projects

    new world boys and thats just how it is in short

    gev will only move on big news and big news will move it fast
    cheap money will steam roll In

    untill then it’s going nowhere

    like po3 tuk I told u a Xmas no news for months
    you disagreed at time

    well few quarters have past and the easy money is elsewhere
    share price going no where on good solid basic news
    same with gev but it’s not enough in this low interest world

    the story is the same

    no news no run
    in normal interest rate world people would be on less risk
    and looking for future long term returns as the easy money is very hard to find

    so good news it moves a bit, followed by back up news until graph over 5 or ten years slowly climbs

    it’s a spike world massive moves both ways

    just the the way it is



 
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